404 N I-35 E - Hospitality FOR SALE


Red Oak, TX 75154
$8,700,000 USD
469-644-0779
404 N I-35 E, Red Oak, TX for Sale
$8,700,000 USD
Hospitality - FOR SALE
1/7
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404 N I-35 E
Red Oak, TX 75154


HIGHLIGHTS

  • Excellent Interstate 35 location
  • Ideal size and operating model for owner/operator
  • Ability to push ADR post completion of a Property Improvement Plan
  • Upside Potential in relation to competitive set in ADR and RevPAR

OVERVIEW

Property features 97 guest rooms, seasonal outdoor pool, fitness center, meeting rooms, continental breakfast with seating for 30, guest laundry, and wireless internet.

FOR SALE DETAILS

PRICE

$8,700,000 USD

PRICE/SF

$273 USD /SF

# OF ROOMS

97

PRICE/ROOM

$89,691 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Inn & Suites Red Oak

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2000

PARKING SPACES

117

LAND DETAILS

LAND ACRES

2.82 AC

LAND SF

122,839 SF

ZONING

PD-80

APN/PARCEL ID

217913

ASK ABOUT THIS PROPERTY

Ryan PattersonMumford CompanyMore Info
469-644-0779

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Ryan PattersonMumford CompanyMore Info
469-644-0779

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.